Uganda - Base Metal Furniture Locks - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Furniture Lock Price in Uganda - 2022
Contents:
- Metal Furniture Lock Price in Uganda (CIF) - 2022
- Metal Furniture Lock Price in Uganda (FOB) - 2022
- Metal Furniture Lock Imports in Uganda
- Metal Furniture Lock Exports in Uganda
Metal Furniture Lock Price in Uganda (CIF) - 2022
The average metal furniture lock import price stood at $9,333 per ton in 2022, picking up by 53% against the previous year. In general, the import price posted a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($43,103 per ton), while the price for China ($3,188 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+32.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Furniture Lock Price in Uganda (FOB) - 2022
In 2022, the average metal furniture lock export price amounted to $23,766 per ton, surging by 65% against the previous year. Overall, the export price enjoyed a buoyant expansion. The growth pace was the most rapid in 2017 when the average export price increased by 81% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Burundi ($182,000 per ton), while the average price for exports to Democratic Republic of the Congo ($8,500 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burundi (+44.0%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Furniture Lock Imports in Uganda
In 2022, the amount of base metal furniture locks imported into Uganda soared to 26 tons, with an increase of 49% compared with the previous year's figure. Overall, imports saw strong growth. The pace of growth was the most pronounced in 2020 with an increase of 155% against the previous year. As a result, imports reached the peak of 56 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, metal furniture lock imports soared to $241K in 2022. In general, imports showed a significant expansion.
| Import of Metal Furniture Lock in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 59.3 | 128 | 22.2 | 110 | 22.9% |
| China | 52.7 | 126 | 47.0 | 66.8 | 8.2% |
| India | 0.2 | 25.2 | 17.7 | 29.3 | 427.2% |
| Others | 23.5 | 23.3 | 18.5 | 34.6 | 13.8% |
| Total | 136 | 303 | 105 | 241 | 21.0% |
Top Suppliers of Metal Furniture Lock to Uganda in 2022:
- China (21.0 tons)
- United Arab Emirates (2.6 tons)
- India (1.6 tons)
Metal Furniture Lock Exports in Uganda
In 2022, overseas shipments of base metal furniture locks decreased by -49.3% to 107 kg, falling for the second consecutive year after two years of growth. Overall, exports recorded a sharp setback. The most prominent rate of growth was recorded in 2020 when exports increased by 230% against the previous year. As a result, the exports reached the peak of 1.2 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, metal furniture lock exports dropped significantly to $2.5K in 2022. In general, exports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2020 when exports increased by 232%. As a result, the exports attained the peak of $10K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Metal Furniture Lock in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burundi | 0.1 | 3.4 | 1.0 | 0.9 | 108.0% |
| Tanzania | 1.3 | 2.0 | 0.7 | 0.7 | -18.6% |
| Democratic Republic of the Congo | 0.8 | 3.2 | 0.8 | 0.6 | -9.1% |
| South Sudan | 0.7 | 1.4 | 0.4 | 0.4 | -17.0% |
| Others | 0.1 | 0.2 | 0.1 | N/A | 0.0% |
| Total | 3.1 | 10.2 | 3.0 | 2.5 | -6.9% |
Top Export Markets for Metal Furniture Lock from Uganda in 2022:
- Democratic Republic of the Congo (66.0 kg)
- South Sudan (29.0 kg)
- Burundi (5.0 kg)
- Tanzania (5.0 kg)
This report provides an in-depth analysis of the metal furniture lock market in Uganda. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25721170 - Base metal furniture locks
Country coverage:
- Uganda
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Uganda
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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